Searchlight Resources Inc (SCLTF)

[Mr. Zen]

That looks like the typical disconnect that happens between Investor Relations and management.. IR is always the last to know the real truth. If I remember right this had a float of 35 milly when I signed up, this could be their mode of operandi. Case in point is Frank Callahan Barkersville Gold he reverse split that about 4 times before he went into production. This could be why they moved the company back to Canada, almost impossible to sue a company in Canada without a large up front cash deposit with the courts.

Reverse splits can be good if done for the right reason, it is just that doing a r/s in this hostile investment market is not the right reason (from my limited understanding of the situation)

I think we have no choice but to just hang on and hope on this one, I know the properties are viable and that they have the means to hold on to them until the US mining market turns around.